From May 16th to 17th, the Jingzhou Council for the Promotion of International Trade organized a 15 member economic and trade delegation to "go to sea" with the Hubei Provincial Economic and Trade Delegation to explore the international trade market. The first stop arrived in Singapore smoothly, embarking on a 10 day business trip in Singapore, Malaysia, and Thailand.
The Jingzhou economic and trade delegation visited Alibaba's flagship e-commerce platform Lazada in Southeast Asia, Huawei Cloud Singapore, and the Singapore E-commerce Association, inspected the Jurong Industrial Park in Singapore, held talks with relevant institutions, understood the business scope, business models, foreign cooperation, local market demand, business environment, and other situations of relevant institutions, and inspected the construction experience of digitalization, automation, and Industry 4.0 in local industrial parks, Promote the business environment, advantageous industries, and investment policies of Jingzhou, invite merchants to visit and invest in Jingzhou, and promote the high-quality integration and development of the industrial and supply chains of both sides.
Seven enterprises, including Shuanggang Agriculture, Xiaohu Duck, Xiaolan Sheep, Xiangchi Sports, Sauce Fragrant Home, Huili Clothing, and Yale Food, have respectively communicated and negotiated with relevant institutions and operating enterprises, and reached extensive international trade cooperation intentions. "Shen Yan, Executive Vice President of the Jingzhou Council for the Promotion of International Trade in Hubei Province, introduced that Shuanggang Agriculture has conducted precise docking with new and old customers in Singapore, The negotiation reached a cooperation intention of increasing the annual export of Salted duck egg and Century egg by US $5 million. The first batch of eggs worth about US $600000 will be sent to Singapore within half a month, achieving orders on the first day and achieving results. At the same time, both parties further discussed the export of fresh eggs.
Shen Yan stated that the enterprise has made friends through "going abroad" and conducted in-depth exchanges on product production processes, product characteristics, brand building, market access, etc. It has reached preliminary cooperation intentions in international trade import and export, economic and technological cooperation, cross-border e-commerce, and other fields, laying a foundation for promoting the export of "Jing" products to expand the Southeast Asian market.
During the event, the Jingzhou Council for the Promotion of International Trade visited the Singapore Representative Office of the China Council for the Promotion of International Trade, held talks and exchanges with representatives, the Singapore Association of Chinese Enterprises, Huawei Cloud Singapore, and other institutions. They discussed the establishment of cooperation mechanisms, strengthening information sharing, organizing mutual visits and inspections, and conducting international trade and economic negotiations. They focused on building a platform and bridge for promoting bilateral trade and investment work, Further utilize free trade agreements such as RCEP to promote bilateral international trade and economic cooperation to a new level.